Sunshine Ltd. issued 30,000 fully paid-up shares of ₹ 100 each for purchase of the following assets and liabilities from Anil:
Sunshine Ltd. issued 30,000 fully paid-up shares of ₹ 100 each for purchase of the following assets and liabilities from Anil:
You are required to pass necessary Journal entries
| ₹ | |
| Plant | 7,00,000 |
| Land and Building | 12,00,000 |
| Stock-in-Trade | 9,00,000 |
| Sundry Creditors | 2,00,000 |
Anurag Pathak Changed status to publish March 10, 2024
